Seven And I Holdings

In 2023, Seven & I Holdings reported significant carbon emissions, with a total of approximately 16,489,131,000 kg CO2e attributed to Scope 3 emissions. This figure highlights the company's substantial indirect emissions, primarily from purchased goods and services, which accounted for about 14,202,047,000 kg CO2e. Over the years, Seven & I Holdings has shown a trend of reducing its Scope 1 and Scope 2 emissions. For instance, in 2022, the company recorded total emissions of approximately 851,000,000 kg CO2e, with Scope 1 emissions at about 114,083,000 kg CO2e and Scope 2 emissions at approximately 2,571,802,000 kg CO2e. This represents a notable decrease from previous years, such as 2019, when total emissions were around 2,286,000,000 kg CO2e. Despite these reductions, Seven & I Holdings has not committed to net-zero emissions or established specific reduction targets through the Science Based Targets initiative (SBTi). The company has removed its near-term reduction targets, indicating a need for clearer climate commitments moving forward. Overall, while Seven & I Holdings has made strides in reducing its carbon footprint, particularly in direct emissions, the lack of long-term targets and net-zero commitments suggests there is room for improvement in its climate strategy.